KLEMENT

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238568District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Mar 2008 – Jan 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-09-25183977
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition11,283 bbl$902,978
GasProduction1,805,967 Mcf$9,478,153
Total$10,381,132

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.1822, -97.5285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18218, -97.52851 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,664 ft
1 wells filed one
Completion to plug
12.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,664 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Jan 2021
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497363743H7,664 ftMar 2008Jan 2021Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (155)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

155 months

Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201727043.873.09$1,184
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201616126.472.06$426
Jan 20161874,56427.352.36$15,905
Dec 201506,15932.362.00$12,327
Nov 201506,61438.792.17$14,335
Oct 201505,75643.552.43$13,967
Sep 201506,42742.992.76$17,728
Aug 201506,76140.162.87$19,421
Jul 201505,52648.152.95$16,275
Jun 201507,45656.152.88$21,495
May 201507,77555.212.96$22,979
Apr 201505,79949.822.71$15,695
Mar 201506,35642.892.93$18,653
Feb 201504,79944.662.98$14,283
Jan 201507,18643.433.10$22,281
Dec 201407,66454.693.59$27,524
Nov 20142996,76570.464.25$49,831
Oct 201407,80578.303.90$30,447
Sep 201407,30786.164.05$29,560
Aug 201407,40589.394.04$29,880
Jul 201408,31696.564.18$34,758
Jun 201408,15698.164.74$38,634
May 201409,11494.734.73$43,078
Apr 201409,00695.944.81$43,311
Mar 201408,80295.895.06$44,510
Feb 201407,92197.406.19$49,047
Jan 20141978,95790.404.86$61,346
Dec 201308,65891.824.35$37,701
Nov 201308,79288.853.74$32,867
Oct 2013010,35297.423.78$39,124
Sep 201308,583104.113.72$31,909
Aug 2013010,042104.253.52$35,374
Jul 201319210,326102.523.72$58,073
Jun 2013010,76594.403.93$42,343
May 2013011,30794.834.15$46,914
Apr 2013012,17293.964.28$52,128
Mar 201319313,94593.623.91$72,634
Feb 2013012,44391.233.42$42,554
Jan 2013014,06191.603.42$48,087
Dec 2012014,31886.773.42$48,970
Nov 201217114,57586.953.62$67,702
Oct 2012015,62189.383.40$53,106
Sep 2012015,51594.672.92$45,279
Aug 2012013,33392.662.91$38,775
Jul 201218611,17685.133.02$49,595
Jun 201204979.822.52$123
May 2012017,57891.612.49$43,740
Apr 201216217,539101.652.00$51,489
Mar 2012018,142105.052.22$40,313
Feb 201219714,759101.102.57$57,851
Jan 2012015,93798.092.73$43,573
Dec 201118117,40796.873.24$73,928
Nov 2011016,01395.723.31$53,024
Oct 2011016,98684.983.65$61,974
Sep 201137715,04083.623.99$91,471
Aug 2011016,93483.404.15$70,265
Jul 2011019,55594.144.52$88,335
Jun 201119023,14492.904.64$125,036
May 2011021,73898.134.40$95,752
Apr 2011014,283105.964.33$61,892
Mar 201109,14296.364.06$37,092
Feb 201109,38285.644.18$39,217
Jan 201119520,71786.504.59$111,933
Dec 201012920,23985.734.35$99,053
Nov 201018423,82880.843.80$105,310
Oct 201017727,32878.103.51$109,715
Sep 2010024,66672.633.98$98,158
Aug 201014827,77973.684.42$133,670
Jul 201017727,49572.554.74$143,071
Jun 201018018,78170.364.91$104,887
May 201018527,19271.124.24$128,321
Apr 201018927,40581.694.12$128,422
Mar 201017827,04278.394.39$132,632
Feb 201036525,93273.585.44$167,988
Jan 201017729,04674.365.96$186,395
Dec 2009030,73971.445.48$168,565
Nov 200938530,04774.593.75$141,438
Oct 200919332,13372.544.11$146,075
Sep 200918331,44965.543.06$108,377
Aug 200937133,47067.423.22$132,736
Jul 200918532,45861.133.46$123,760
Jun 200918730,86566.163.90$132,591
May 200938034,26154.743.93$155,301
Apr 200918834,79846.773.59$133,631
Mar 200938534,89442.144.06$157,859
Feb 200921234,75532.814.63$167,976
Jan 200956240,23935.865.37$236,277
Dec 200820041,25437.105.98$254,001
Nov 200819135,13955.496.86$251,665
Oct 200837934,37875.246.92$266,480
Sep 200836238,251101.767.88$338,144
Aug 200837138,154114.228.48$366,037
Jul 200836744,355131.0811.39$553,285
Jun 200855452,181131.3313.03$752,812
May 200819155,263123.1711.57$663,155
Apr 200857855,222110.3110.45$641,097
Mar 2008026,203101.909.66$253,228

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2017 — as filed, then multipliedworked
Condensate            27 bbl  × $ 43.87 =     $1,184
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $1,184

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/238568 is the state's own key, not one this site invented.